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over cutting medicare as republicans are over tax increases? with us, two voices calling for compromise. republican senator bob corker of tennessee and democratic senator claire mccaskill of missouri. >>> finally, our special economic roundtable. as both sides battle over the nation's fiscal health, what can we expect from the economy in a second obama term? what is the vision for an economic rebound? >>> from nbc news in washington, the world's longest-running television program, this is "meet the press" with david gregory. >>> and good sunday morning. amidst a lot of partisan rhetoric on both sides, talks on the fiscal cliff are now at a stand still, and the president is back on the campaign trail of sorts. this time to try to win in a court of public opinion for his plan to avert an automatic tax hike for everyone on january 1. that's where we'll start this morning with the point man on the negotiations for all of this. the secretary of treasury, tim geithner. and our roundtable is also here. standing by for reaction, including the man behind the republican pledge not to raise taxes
're eligible for medicare, now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for gen
? they attack him. for the entire campaign all we heard about was how obama wanted to cut medicare. so which is it? i it he cut too much or he doesn't cut anything? and where is there offer? if they say they are the party of cutting spending stop talking about the democrats, make an offer. >> mitch mcconnell is out there every single day saying these are the entitlement changes that i think make sense and would get us to a deal. raising the retirement age, dealing with change the inflation formula so the programs aren't spending so much out over time. if president obama is interested in reforming entitlements which he says he is but he never specifies what it would be. all he has to do is call up mitch mcconnell and say i think these are good ideas, let's sit down and they would happen. republicans would take those immediately. >> that's how you think republicans should lead, they should wait for a call from the president? not go on tv but make an actual offer? >> specific changes on entitlements. if the president is in favor of changing entitlements, all he has to do is say i agree these ar
a bottom. [ male announcer ] if you're eligible for medicare, now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this ty of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the n
programs would be cut by $400 billion, most coming for medicare and, quote, end of war savings peter barnes and others reported many times as being dubious because they counted the previous budget you have another trillion plus in cuts. that according to politico is the deal, steve murphy is a former campaign manager for dick gephardt and in d.c. today. from the democratic of view anything i just say or just said sound unreasonable? >> i don't think it sounds reasonable except i don't think it is enough. i don't think either party is being realistic about the enormity of the debt and deficit issue. what you just described is a very easy deal. it is sitting on the table, most of it is automatic. of the deal isn't reached in any case which is going to prompt something getting worked out but we need to cut about more than that. we are spending 23% of our gdpp federal government is, in one fashion or another and taking in 18% and that is not going to change all that much with the outlines of this deal. the democrats are not realistic about how much has to be cut and republicans are not realisti
address the problems. if you don't start negotiations talk about medicare, they simply are not serious about the long-term fiscal health of this country. gerri: it absolutely is about those entitlement programs. as you look at this huge conundrum, it seems that we are saying that we are starting at the wrong end of the stick. we are talking about how much money we can come up from wealthy people. instead of talking about what the government is doing that shouldn't be doing. >> that is right. mark is a smart guy and i agree with him. the spending issue, we simply cannot rein in while we are focusing on taxes. you shall howl nonserious the president is. he sent timothy geithner on a fools errand. he said he wants a balanced approach. but the balance is that republicans come up with everything, and he is allowed kharkov on the debt limit. it is hard to understand what the balances of the equation, besides allowing him to retain his approach, which is continuing to spend and rack up massive deficits and continuing higher taxes without any plan that bears that out. remember that his budget
that promises about the future of medicare and double the cost of tax increases. if they don't reach a conclusion ben bernanke says we are a recession, has that been included in the price of the market? >> i don't see how it can be. with the vix close today was 15 and the proposal is ridiculous. the last 70 years, a percentage of gdp, spending is about 20 and 50% of taxes of gdp is revenue and spending is 24.5 so i got to ask are we spending too much or raising revenue? liz: the white house with their new demand and republicans saying no go and we go into a real serious downturn, what happens to the market? are we looking at a 2009 situation here? >> i will be ready if we do. we as valuation sensitive investors intrepid, look at the last three years. despite the volatility, in may of 2010, the debt downgrade in august of 2011, diaz in the compound last few years the russell 2,000 is over 14. given away a lot of security. liz: those were all buying opportunities. if you look at the trader, you have technicals of what happened on a certain day and those were great opportunities. if the
entitlement cuts, specifically, medicare. and i'm told that speaker john boehner is open to that if the president is able to make that kind of deal. far from clear at this point. there is still a big trust issue from the white house, from the republicans in the white house, namely in speaker john boehner. >> as we keep saying, if we're not careful, compromise may break out in washington, david gregory, "meet the press," as always, thank you. >>> and as the u.s. prepares its final withdrawal from afghanistan after more than 11 years of war. the president, karzai, got attention today after very tough words for the united states. it came after our exclusive interview with aty tmore from k live. attia, good evening. >> reporter: good evening, brian, the u.s. has been at war here for more than ten years, more than 2,000 american lives have been lost, and billions of dollars spent. so it might come as a surprise that the president of afghanistan, america's ally, told me that the u.s. is partly to blame for the insecurity that continues here. but that was his unmistakable messag
't deal with the entitlement reform to save the medicare and medicaid and social security from imminent bankruptcy. it raises $1.6 trillion on job creators to destroy the economy. no spending controls. >> reporter: treasuresy secretary tim geithner advocated for clinton era tax rates and wants top earns to pay 39.6%. he said when that was the rate in the '90s there was was good economic growth and strong private investment. said republicans would rather raise revenue closing the loophole and limiting deduction need the time to realize that might not bring in enough cash. >> that is a good set of propose is and good for the economy. if they have suggestions, they want to go further, lay it out to us. >> secretary geithner said he cannot promise we won't go off the fiscal cliff. speaker boehner says he is doing everything he can to avoid the cliff but acknowledged that there is a chance we will in fact go over the edge. >> thank you. >> shannon: now if the country does go over the fiscal cliff marx worry there could be cutback to entitlement programs like social security and medicare and
costs. you'll be able to choose any doctor who accepts medicare patients. and you never need referrals. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. >>> welcome to "newsroom international." i'm suzanne malveaux. here's what's employing on right now. a frantic search for survivorsunder yea in the southern philippines. a massive typhoon washed away houses, levelled buildings, triggering landslides as well. at least 274 people are now dead. that number could go even higher because hundreds of people who are still missing. the misery not yet over. the storm is expected to continue to dump heavy rain in philippines until tomorrow. >>> to iran where officials claim they have gotten some damning information from that u.s. drone they say they captured. the information that the iranians say now proves that the u.s. was spying on iran's military sites and its oil terminals. the u.s. has been trying to block iran's oil exports as part of an effort to get iran to give up it'
healthcare can help you find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan that combines medicare parts a & b with prescription drug coverage? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. plus with the pharmacy saver program, you can get prescriptions for as low as $2 at thousands of pharmacies in retail locations like these, all across the country. call now to learn more. unitedhealthcare has the information you need so you'll be
. there is no republican proposal. for spending cuts in medicare or anything else. you can't have a deal unless both sides make proposals. and right now all we have is a tax proposal from the democrats. we have no spending proposal from the democrats. we have no tax proposal from the republicans. we have no spending proposal from the republicans. and we've been at this now for a couple weeks, really since the day after the election. that's why some of us are a little pessimistic. >> a couple years. because the reality of it is whether you're going back to the sequestration bill of 2010, 2011 or you're talking about what is now known as the fiscal cliff. neither side has been very willing to really deal with the nuts and bolts, the reality of tax rates, reality of spending cuts, the reality of tax reform. that's really what next year's going to be all about. right now i just don't see -- i mean, can we just get real here? we're talking five weeks tops before the end of this lame-duck session, end of the year. and these guys are going to get done in five weeks what they haven't been able to do in five month
know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement
of medicare and medicaid payments. for more than a year, we have been looking into the admission and billing practices of health management associates. it's the fourth largest for- profit hospital chain in the country, with revenues of $5.8 billion last year, and nearly half of that coming from medicare and medicaid programs. we talked to more than 100 current and former employees, and we heard a similar story over and over-- that h.m.a. relentlessly pressured its doctors to admit more and more patients, regardless of medical need, in order to increase revenues. health management associates owns 70 hospitals in 15 states. it's thrived buying small, struggling hospitals in non- urban areas, turning them into profit centers by filling empty beds. generally speaking, the more patients a hospital admits, the more money it can make, a business strategy that h.m.a. has aggressively pursued. did you feel the hospital was putting pressure on doctors to admit people? >> nancy alford: yes. >> kroft: for what reason? >> alford: money. >> kroft: you're sure of that? >> alford: uh-huh. >> kroft: until sh
for medicare to 67 and deal with entitlements by extending ages going out into the future, i am all for it. host: an independent caller, what do you think? hostcaller: you look lovely. we appreciate it. i started talking about this in july 2011. the gop -- he said they are in violation of their oath of office whenever they refuse to raise the debt ceiling. then when they do it on the floor, they are in violation of u.s. code. by dissenting that argument in public and then recommending the public and the court their views. host: this proposal by republicans does not include any thing to raise the debt ceiling. caller: i know but they are going to have to do that. also, john boehner -- this proposal has $160 billion less than he offered before the election and also raises the money taken out of medicare and medicaid by $62 billion. how democrats or anybody could except that -- could accept that. the average folks here in america do not want to pay their fair share. they cannot argue the point that everybody has to give a little bit more to help us eliminate some of this debt and keep the cou
calls for deep cuts, environmental protection, social security, medicare, medicaid. well, corporations and the top 1% get tax cuts of nearly $3 trillion over the next decade. this is not how you protect a democracy. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas seek recognition? mr. poe: i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, so ordered. mr. poe: mr. speaker, the -- a president has finally given us his balanced plan to allegedly avoid the fiscal cliff. he wants to raise taxes by $1.6 trillion. he wants another stimulus package of $50 billion. he wants the authority to raise the debt ceiling without asking congress for approval. say it isn't so, mr. speaker. this tax hike will hurt small businesses which provide 67% of the jobs in this country. that may fund the government for a short time. then, what's the plan? stimulus 2.0. because the first stimulus worked so well? that was a disaster as well. we have a $16 trillion deficit, and the president wants to spend m
are popular. you want more medicare cuts show me what you want and i think this is a perfectly normal negotiation and i was thinking on the way here, chris, you and i have an advantage in this. you and i covered albany, new york on the state legislature there, where you had a divided legislature, unbelievably contorted by budget fights and in the end they usually made a deal. it was complicated, sometimes it was ugly but they got to a deal. >> but they often got to it very late as you'll recall and state workers didn't get paychecks. >> this did happen. but they got there. and i ambiting more on a deal than not. i think there are some compromise points, for example, raise the top rate almost to where obama wants it and fill it in a little bit with some reduction in deductions. that's not impossible to imagine. but i think the notion that the republicans don't have to put anything on the table, i think those days are over and it's time for them to say all right here's what we want. >> can't come as any surprise to the republicans no matter what they want to say about it the president w
on $400 billion in medicare cuts. so there were some specifics in there. but was it a hardball opening? yeah, of course it was. the question is, what's the counteroffer, right? they're trying to not just provoke a no. they want the counteroffer. and the counteroffer is, what is it? there isn't one. >> it looks like right now it will probably come back now as $800 billion in new revenue, probably higher specific cuts. >> you forget one extra demand, of course, which is ban the debt ceiling piece. that's huge, right? that's, like, unilateral disarmament. we're going to offer you to unilaterally disarm. i like that one, too. because they were sensible. let's face it, the markets would welcome that, right? >> i think the market would welcome a more serious discussion. i was disappointed in the offer. i think you're probably right that this was a negotiating ploy, the beginning of a long perhaps 30-day negotiation, but when you have ceos of the largest companies in the country, the biggest in the world, suggesting that one, they might redomicile to a different country, that they're concerne
conservative to moderates to progressives is preservation of medicare, social security and frankly medicaid. and that social security has nothing to do with the deficit. it is solvent and until 2037. medicare is solvent until 2024. you think where we're at, i know as i listen then the question would the republicans get anything, i don't even want to use the word conceding coming together on behalf of the american people where 62% believe on november 6th when the race was over the vote was really on whether or not should be a fair tax burden on those --. melissa: i'll give that to you. let's go ahead and raise taxes. say we do that. that doesn't get us close to solving the problem. i mean we still have $16.3 trillion in debt. we are still running $4 billion a day beyond what we're making. we this huge problem in this country. if it was a house you would throw uppyour arms in distress say, my god, we can never pay all these bills. that is sort of the point. >> i'm not in distress on that. first of all with the tax rrlief for 98% of the americans, we'll turn a reasoned amount of a trillion upw
of raising rates. 1 trillion in spending cuts to including health care reforms such as raising the medicare retirement age and limiting the cost of living adjustments for social security recipient. meanwhile, a brand new poll dismisses the president's claims of a mandate to raise taxes. a survey of 800 obama voters split right down the metal on the political ppll on how they want obama to cut the deficit. 41 percent responded in favor of spending cuts. 41 percent of respondents saying they favor tax increases. the white house says it will offer a counterproposal to house speaker proposal. saying that unless he accepts tax increases on the rich the president is willing to go over the cliff. let's get straight to the politics of these developments and the rhetoric and possible economic impact of failure to resolve the issues. joining as, former special assistant to president george w. bush, a veteran political consultants and republican pollster. let's start, if i may, with you. do you think both sides right now are seriously ready to go over the cliff? >> i think the president is very ready
says deserves the blame. >>> also, social security and medicare in focus. is this economic backdrop cost cutting? should these programs be torn down to keep our economy from hitting disaster down the road? we'll debate this hot-button issue coming up. stay with us. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. card hassles? introducing chase liquid. the reloadable card that's easy to activate and can be used right away. plus, you can load cash or checks at any chase depositfriendly atm and checks right from your smartphone. get rid of prepaid problems. get chase liquid. >>> welcome back with today's session in the books, there are now just 21 days in the trading year left. let's look at the winner
and son of the great conservative jack kemp. thank you, sir. did babs make a boo-boo? medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. .. ♪ [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today to learn about the kinds of coverage we offer, including aarp medicarecomplete plans insured through unitedhealthcare. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. unitedhealthcare doesn't stop the
. there was a surtax in the health care law, supposedly to pay for medicare, but they raised it -- they raided the money out of medicare before it even arrived to pay for the new obamacare spending. it's 0.9% additional medicare tax on wages of high income earners, and it is 3.8% on all unearned income, so capital gains, dividends, rental income, interest, any other unearned income has this new 3.8% surtax, and that's on top of whatever might happen in these fiscal cliff talks. megyn: so that is happening. if you make $200,000 as an individual or 250 as a family, it's happening as of january 1. >> well, looks that way. my parsing of speaker boehner's offer in the fiscal cliff talks is that this is going to happen no matter what. they talked about holding the line -- megyn: no, wait, wait, wait, let me interrupt because i just don't want to confuse the two, because all the taxes are confusing. i'm saying this surtax, this .9 income tax surtax, and then this 3.8% surtax on nearly all capital gains, that is happening irrespective of what happens with the fiscal cliff negotiations? >> almost certa
that there will be a tremendous political consequence on things like cuts to medicare. lori: those cuts, as you know, nearly not enough. the second quarter gdp reading extremely disappointed. let's just call a spade a spade. we know hurricane sandy will shave another point or so off of growth. >> i think it is. that is why despite all of this, what i think of as process, it is a lot of posturing. it is a lot of politicking. people still remain convinced that these guys cannot be serious. they cannot be serious about pushing us off the fiscal cliff because it will have bad responses to republicans. the obama people will be able to say you gave away the ability to keep taxes down on 98% of americans. and for the president, the idea that he would allow the taxes to go up, again, on appetizing for him given that he said he would protect the american middle class. lori: he said the same thing over and over again. how do you see this sorting itself out? >> from purely a political viewpoint, i did not see why anyone would not make a deal. the fear i have is they just kick the can down the road thing and they creat
that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-o-of-pocket medical cost. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit andoctor or hospital that accepts medicare patients... plus, there e no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, ich has over 30 yes of experience behind it. c
-seltzer on facebook. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. >>> now for a what in the world segment. a curious thing happened in the days following barack obama's election. a group of texans filed a petition. they wanted it can to succeed from the not so united states of america. the movement spread further encompassing each of the 50 states in the unions. it's a ridiculous exercise that will go nowhere. there are some real impulses across the atlantic. europe will have a new state. look at katacatalonia. the vote follows an unprecedented demonstration in september when about one million catalons marched the streets demanding state hood. the entire population is only about 7.5 million. the next step could be a public referendum on breaking away. consid
in cuts both in the form of cuts to entitlements, and other, like, medicare. and then some limiting of farm subsidies. and then $50 billion in additional stimulus spending, and some other measures. those are some of the -- just the big highlights, brooke. and i would add that secretary gheit meeithner made clear over weekend that the tax increases they would like to see would be a return to the clinton era rates for the top 2%. and some of this, you know, is what he laid out with the president laid out after the debt deal last year. so it is a proposal that is familiar from the white house, not something fresh and new. so the white house says, you know, the republicans shouldn't be shocked. republicans are saying we're shocked because it's not a compromise. they were expecting something different and more -- more -- more of an outreach and they say it didn't do enough to win them over. >> as you point out, the ball is in their court. we'll see how and when they respond. jessica yellin, thank you. keep us posted on the president's tweeting today as well. and i don't know if you caugh
and examine the push to make changes to social security and medicare. >> brown: then, margaret warner looks at the political strife in egypt, after deadly clashes in the streets and resignations by top officials. >> woodruff: we have a battleground dispatch from a coastal city facing rising sea levels and the next big storm. >> if sandy were to come close or directly into norfolk i think we'd all be in big trouble. >> brown: we assess the latest diplomatic moves to end syria's war, as secretary of state hillary clinton meets with russia's foreign minister. >> woodruff: and ray suarez has the story of a program that aims to put students at low-achieving schools on a path to high school graduation. >> we're here to make things better. we're here to tutor kids. we're here to make sure that they stay on track. we are here to make sure that they graduate. we want to prepare them for high school. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. and by the alfre
are paid. people criticize medicare, but people on medicaid get much better care than the people who are on medicare. i paid over $3,000 for my hearing aid, that came out of my pocket. if i had been on medicaid, that would have been absolutely free. but nobody ever talks about cutting any of that. i think every social program should have a sunset date. and besides, when they talk about cutting, that's never a cut, it's just a decrease in the amount of increase. i really think there's no hope for this country any more. i'm 82 years old, i've lived through a lot. i don't ohno one a penny, because my income is $1,700 a month. i don't spend what i don't have. host: that's dixie in clinton, mississippi. we're going to leave your comments there. speaker boehner held his news conference yesterday and here's a little bit about what he had to say yesterday. >> about raising taxes on the so-called top 2%. half of these taxpayers are small business owners that pay their taxes through their personal income tax filing every year. the goal here is to grow the economy and control spending. you're n
made this happen. they are not saving social security and medicare and medicaid from imminent bankruptcy. jenna: james is live in washington with more. reporter: yes, what is clear is increasingly, the two sides -- the obama, white house, senate democrats on one side, senate republicans on the other, there is a ticking clock involved here. they should be hitting their stride right about now. timothy geithner is trying to avoid plunging of the fiscal cliff. he has made clear that the obama administration is saying that the first order of business has to be to extend tax breaks for middle-class families and raise tax rates for the top 2% of income earners. talks over how to rein in entitlement spending should be held sometime next year. >> the president is asking for $1.6 trillion of new revenue over 10 years. twice as much as he has been asking for the public. his stimulus spending exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. reporter: enter a new player in the talks, stephanie cutter. you remember her? she was the deputy campaign
results. >> we are ranked 37th in the world. >> within the united states although medicare has been more successful at cost control and private insurers have been, the great thing about america is we have everything, all possible assistance here. the veterans health administration which is true socialized medicine, the doctors are government employees, is incredibly efficient relative to the rest of the health-care system. >> you did a calculation that showed a health care system, the best in europe or france or germany, we would have no deficit in the baby boom demographics. >> everyone else -- canada is a single payer system but not socialized medicine. medicare for everybody. and is complicated. but it is a mixture of public provision, public health insurance but much heavier hand of government, the same cost as the canadian system but spectacularly good outcomes relative to anybody and britain has a system which is pure socialized medicine and the outcomes are a little better than ours. the cost is 40% better. all of these, if we were able to emulate these things we would be able --
-called entitlements. many lawmakers and economists have argued it's essential to make big changes to medicare and social security. among those ideas are raising the eligibility age; means- testing for wealthy recipients; cuts in spending and benefits and a bigger role for private competition in health care. max richtman has been arguing against making many of these changes as part of this fight. he's the president of an advocacy group, the national committee to preserve social security and medicare. he joins us now. >> welcome. >> thank you for inviting me. >> first of all, why shouldn't social security and medicare be part of the entire group of government spending programs that are being looked at to get to deal with the deficits? >> well, before i answer that i was very interested in the way you characterized these programs as entitlements. so-called, you said, entitlements. and we think that a better term would be earned benefits. you know, i counted the letters in the word "entitlement." there are 11 letters. often people refer to entitlement as a four-letter word and it's a derogatory,
face great challenges, the economy, immigration, the debt, social security and medicare on these items and more we must find the answers soon if we hope to keep our country on a path to prosperity. and those solutions will only materialize if the members of congress take a chance, work together and care more about results than sound bites or the next election. equally important they must, must be willing to take a walk a few hundred feet to the other side of the rotunda. the house and the senate are two sides of the same coin and yet they have never seemed further apart. my proudest moments as a member of congress have all been the result of collaborations. my work to keep homeless kids in school, bar genetic discrimination or reform the nation's flood insurance program were all signed into law after extensive personal conversations with members of the upper chamber. we have great leaders here in the house, but they alone cannot maintain communications between the two greatest deliberative bodies in the world. it's up to all of us, and will be to all of you. so mr. speaker, my advice i
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about tamiflu. prescription for flu. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. . . >> jamie: susan rice has done a great job as our be ambassador to the united nations. and of course, this decision about my successor is up to the president. >> paul: and the secretary of state hillary clinton reacting to talk to president obama may nominate u.n. ambassador susan rice to replace her. rice made the rounds on capitol hill on tuesday in an attempt to ease republican concerns and smooth the way for potential cabinet nomination, just one of the positions that president obama will have to fill on his national security team in his second term. we're back with dan henninger and mary anastasia o'grady and bret stevens joins the panel. is there a case for
in this discussion. one is what would you do with respect to reducing the growth of spending in medicare? what specific steps are you willing to put on the table? >> well, let me give you something that -- it's very sensitive. but end of life is where 70% of the medicare dollars go, and yet we have a society where most people will not do a living will. i did a living will with my 90-year-old dad. it was very difficult. he died shortly after. but he told me, hey, do not keep me on life support, it costs a lot of money, plus i don't want it. if do you it, i'll come back and haunt you. but it was a good process. i see as a member of congress so many people who are estranged from their parents, they've moved away, had a falling out 20 years ago but they're the ones that say do whatever you can to keep mom and dad alive until i can get back to town. you know, if you have a living will, you're going to save lots of money. i think one of the potential discussion points is should we require living wills. that would save a tremendous amount of money in medicare. we can also revisit tort reform because
social security and medicare for generations to come, it's going to be very difficult for me to oppose higher rates for the rich. what about that? >> and to mr. rooney's point, if in fact there were fundamental, significant reform of medicare, medicaid and social security so that we in fact save and strengthen and secure those programs, just like we did in our budget,those were included in the president's proposal, then that's something that we would talk about and very seriously consider because there's where we got to get. we got to get real solutions. the problem with the president's proposal is it's not a real solution, it's all politics. >> congressman tom price, thank you for coming on the program. >> we've been talking about the president's advantage right now. so, karl rove was not about to sit on the sidelines. his crossroads gps is running a spot today criticizing the president over his handling of the fiscal cliff. let me take a look at that. >> no real reform. instead spending taxes. we neat bipartisan ideas we can all support. >> dana, is any of that going to make a differ
, means testing on taxes? medicare for more affluent recipients, excluding my wife? >> let me just say that we would support a balanced approach, and it is important to point out, as senator warner did, that we have done over $1 trillion in cuts in the next 10 years which the president is committed to keeping. with respect to medicare, we do have a very different approach to dealing with medicare. there is no doubt we have to bring down medicare health-care cost growth. the difference is that we believe we should expand on the kind of reforms that we made in the affordable care act, where we achieved billion about $716 billion in savings, not simply by across the board provider cuts, but by changing the incentive structure, the way we pay providers so we focus on the value of care, not the volume of care. i think it is ironic that we have gone in the last four weeks from many of our republican colleagues criticizing the president for having done too much in savings on medicare, $716 billion -- their presidential candidate proposed putting that money back in, in other words adding $716
is on medicare, and wherehe spinning cuts are come in. ive is conceding that in some fashion taxes are going up for a big chunk of the group that you talk about. neil: a lot of your colleagues, tom, have said, whatever will affect your business and dividend, and bank stocks and other issues, a deal, is better than no deal, even if eschewed a little bit toward taxes than spending cut its beats reaching the e of the year without a deal, do a agree? >> it is better than going off the financial cliff. but you know, certainty on a dad biel is not good for -- on a bad deal is not good for the american economy. we had a good first quarter, reasonably good second quarter, third quarter, driven with this uncertainty with rpect to the election and financial cliff, and the economy ground to a halt, we have a backlog of economic development project in the southeast, 300 projects representing $15illion of investme, 45,000 jobs, good paying jobs. those -- >> does that evaporate if dividend taxes go up? >> if we go off the financial cliff, most economists predict another economy growth, there is no reason to
. this is the pursuit of perfection. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. >> welcome back. a cabinet shake-up. new reports that president obama is closer to naming new members among the decisions, is who will replace secretary of state hillary clinton. will it be u.n. ambassador susan rice or john kerry? >> well, for d
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